Market has big expectations of Remgro – Moneyweb
Investment holdings company Remgro has demonstrated its resilience in a tough economic climate with a 34% jump in intrinsic value to R204.83 per share in the year to June. view article
FirstRand captures the market's attention – Business Day
FirstRand’s consistent strong performance over the past three years has made it a compelling investment case at a time when many analysts favour Standard Bank. view article
Competition will cap cement firms' profits – Business Day
South African cement demand grew strongly between 2000 and 2007 and producers were highly profitable, returning significant cash to shareholders, says Ross Heyns, an analyst at Kagiso Asset Management. But since the 2007 market peak, volumes have fallen sharply and margins have come under pressure. view article
FirstRand posts 20% increase in earnings – Business Report
FirstRand is the third of the big banks to report a hit from the controversial collapse of First Strut earlier this year. Notice of the exposure followed yesterday’s release of FirstRand’s results for the 12 months to June, which revealed a strong 20 percent hike in normalised earnings a share to R2.718. view article
FNB plan om kliente te lok bly wenresep – Sake 24
First National Bank (FNB) se strategie om nuwe kliente met innoverende produkte en dienste to lok, were steeds vrugte af. view article
Intu positive as retailers in UK 'more confident' – Business Day
Amid stagnant economic growth, UK-focused Intu Properties has been repositioning itself and will be substantially better placed in the market “as and when the economy picks up”, according to management. view article
Diversified offering boosts Eqstra – Business Day
Eqstra’ biggest growth driver in the year to June was its value added and diversified product offering, CEO Walter Hill said when presenting the company’s results yesterday. view article
A lot riding on new investments – Moneyweb
Discovery Holdings may be one of the best performing shares on the JSE this year, having risen by 38%, but fickle shareholders were quick to punish the company when its trading update surprised to the negative. view article
Factories build up steam – The New Age
The key indicator of activity in the manufacturing sector continued its momentum for the fourth straight month in August, suggesting production improvements since the wildcat strikes of 2012. view article
PMI reaches six-year high as demand and operating conditions improve – Engineering News
The seasonally adjusted Kagiso Purchasing Managers’ Index (PMI) increased by 4.3 points to 56.5 in August, staying above the neutral 50 threshold for the fifth consecutive month and reaching its highest level since August 2007. view article